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Associated Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 580240950 ✦ Norcross, GA ✦ Designated as a 501(c)(14)

Overview

What is Associated Credit Union?

Associated Credit Union, a Georgia-based nonprofit organization with over 150,000 members, is a state-chartered credit union dedicated to providing a full range of financial products and services. Their mission is to fulfill their members' needs with innovative offerings, exceed their expectations through exceptional service, and inspire their trust by building strong relationships. Operating with a team of 450 employees, Associated Credit Union offers a variety of financial solutions to its Georgia community.


Official website here: www.acuonline.org

Is Associated Credit Union legitimate?

Associated Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Associated Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $3,443,144
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,347,913

For more financial information, click here


Official website here: www.acuonline.org

What is the mission statement of Associated Credit Union?

Associated Credit Union is committed to providing members with financial products that meet their requirements, delivering service that surpasses their expectations, and fostering relationships that instill trust. The credit union offers a comprehensive range of financial services to over 150,000 members. By focusing on members' needs, the institution aims to build strong and lasting connections. Their dedication to excellence ensures that members receive not only essential financial solutions but also exceptional customer service. The credit union's mission is to inspire trust and confidence in its members, going above and beyond to meet their financial needs.


Official website here: www.acuonline.org

Who is the CEO of Associated Credit Union?

C Lin Hodges is the Pres, Ceo, Director of Associated Credit Union. The CEO's salary of Associated Credit Union is $909,853 and their total compensation is $953,273.


Official website here: www.acuonline.org

What is the revenue of Associated Credit Union?

Associated Credit Union's revenue in 2022 was $88,179,919.


Official website here: www.acuonline.org

Who are the executives of Associated Credit Union and what are their salaries?

The average compensation at Associated Credit Union during 2022 was $52,869. There are 450 employees and 12 volunteers at Associated Credit Union.

Here are 24 key members and their salaries (Associated Credit Union's CEO's salary is $909,853 and their total compensation is $953,273):

    C Lin Hodges (Pres, Ceo, Director)
  • Compensation: $909,853
  • Related: $0
  • Other: $43,420

    • Jim Lafond (Vp/Risk Management)
  • Compensation: $641,958
  • Related: $0
  • Other: $31,102

    • Tim Bridges (Executive Vp/Cfo)
  • Compensation: $480,824
  • Related: $0
  • Other: $42,296

    • Mark Waller (Evp/Coo)
  • Compensation: $459,730
  • Related: $0
  • Other: $38,722

    • Chad Evans (Evp/Lending)
  • Compensation: $349,861
  • Related: $0
  • Other: $17,773

    • Karl Mann (Vp/Information Technology)
  • Compensation: $335,587
  • Related: $0
  • Other: $28,329

    • Heiwote Tadesse (Evp/Member Relations)
  • Compensation: $316,806
  • Related: $0
  • Other: $27,878

    • Tom Maiellaro (Vp/Marketing)
  • Compensation: $213,206
  • Related: $0
  • Other: $33,752

    • Karen Pennington (Avp/Human Resources)
  • Compensation: $188,568
  • Related: $0
  • Other: $30,796

    • Todd Chandler (Avp/Information Technology)
  • Compensation: $199,983
  • Related: $0
  • Other: $18,796

    • Margarita L Burton (Vp, Card Services)
  • Compensation: $185,561
  • Related: $0
  • Other: $30,047

    • Beth Tynan (Avp/Controller)
  • Compensation: $193,641
  • Related: $0
  • Other: $21,467

    • Nancy J Garner (Secretary) [Trustee/Director]
  • Compensation: $12,942
  • Related: $0
  • Other: $0

    • George M Clarke (Director)
  • Compensation: $12,807
  • Related: $0
  • Other: $0

    • Charles Gehrmann (Director)
  • Compensation: $12,707
  • Related: $0
  • Other: $0

    • Margaret L Pittman (Director)
  • Compensation: $12,470
  • Related: $0
  • Other: $0

    • Keith Gettmann (Director)
  • Compensation: $12,425
  • Related: $0
  • Other: $0

    • Doyle Spears (Director)
  • Compensation: $12,414
  • Related: $0
  • Other: $0

    • Jennifer H Chapin (Director)
  • Compensation: $12,380
  • Related: $0
  • Other: $0

    • Exceptral Harden (Vice Chairman) [Trustee/Director]
  • Compensation: $12,375
  • Related: $0
  • Other: $0

    • Tim F Kercheval (Chairman) [Trustee/Director]
  • Compensation: $12,375
  • Related: $0
  • Other: $0

    • Allen Bryan (Director)
  • Compensation: $12,316
  • Related: $0
  • Other: $0

    • John A Petros (Director)
  • Compensation: $11,375
  • Related: $0
  • Other: $0

    • Mike Collins (Director)
  • Compensation: $8,523
  • Related: $0
  • Other: $0


  • Official website here: www.acuonline.org

    Where can I find the form 990 for Associated Credit Union?

    The Associated Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.acuonline.org

    Learn more at the official website: www.acuonline.org

    Mission Statement of Associated Credit Union

    Associated Credit Union, a state-chartered financial institution, is dedicated to providing its members with financial products that meet their requirements, delivering services that surpass their expectations, and fostering relationships built on trust. The credit union's primary mission is to cater to the financial needs of its over 150,000 members in Georgia with a comprehensive range of products and services.

    By offering an extensive selection of financial solutions, Associated Credit Union aims to fulfill the diverse needs of its members. The credit union is committed to delivering services that not only meet but exceed their expectations, ensuring a high level of satisfaction. This commitment to excellence is further strengthened by the relationships that the credit union builds with its members, inspiring their trust and confidence.

    Associated Credit Union's dedication to its members extends beyond the provision of financial products and services. The credit union is focused on creating long-term, meaningful relationships that go beyond the transactional nature of traditional financial institutions. By fostering an environment of trust and transparency, Associated Credit Union sets itself apart as a trusted financial partner for its members.

    Impact

    This information is meant to be a general summary of Associated Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Associated Credit Union has a significant impact on the financial well-being of its over 150,000 members in the state of Georgia. By offering a wide variety of financial products and services, the credit union not only fulfills the needs of its members but also exceeds their expectations. Through fostering relationships built on trust, Associated Credit Union plays a crucial role in the financial stability and success of its community. This impact extends beyond individual members to benefit the public as a whole.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $12,006,333
  • Program Service Revenue: $76,173,586
  • Gross Receipts: $88,275,569

    • Assets and Liabilities:
  • Total Assets: $2,128,904,229
  • Total Liabilities: $1,903,335,211
  • Net Assets: $225,569,018
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST ON LOANS

    Revenue

    $47,413,827

    FEE INCOME

    Revenue

    $14,345,112

    OTHER OPERATING INCOME

    Revenue

    $13,955,360

    GAIN ON SALE OF MTGE LOANS

    Revenue

    $459,287

    Organization Details

    Founding Year

    1930

    Principal Officer

    C Lin Hodges

    Main Address

    6251 CROOKED CREEK ROAD, NORCROSS, GA, 300923107

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Associated Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.